Fishing company ‘quietly confident’ that Sealord’s acquisition of Independent Fisheries would not jeopardise its market share or position, despite Sealord now possessing a larger share of the quota.
Sanford has released its financial reports for FY23.
What’s at stake: Sanford’s financial stability and market position in a competitive and changing seafood industry.
Background: Sanford has achieved its highest revenue in five years at $553m, despite operational challenges including labour shortages and the complexities of managing its bioactive centre.
Key players: Sanford, Craig Ellison, Paul Alston, Sealord, Independent Fisheries.
NZX-listed fishing company Sanford’s full-year results published today showed a revenue increase of 4% to $553 million, although after-tax profit was down on the back of an unusually high take last year.
Chief executive Craig Ellison attributed the revenue increase primarily to robust demand and
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What’s at stake: Sanford’s financial stability and market position in a competitive and changing seafood industry.
Background: Sanford has achieved its highest revenue in five years at $553m, despite operational challenges including labour shortages and the complexities of managing its bioactive centre.
Key players: Sanford, Craig Ellison, Paul Alston, Sealord, Independent Fisheries.
